Cedar Grove, NM
Full City Profile · New Mexico · Bernalillo County County
3.4
/5.0
B
Good
849
Population
66/sq mi density
$63,070
Median Income
$47,296 per capita
$191,300
Home Value
$371,900 Zillow
50°F
Avg Temperature
318 sunny days/yr
106
Violent Crime/100K
2,192 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$63,070 median income, 4.5% unemployment
A+
Affordability
5.0 / 5.0
$191,300 home value, /mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
B+
Education
3.8 / 5.0
34.7% bachelor's degree or higher
Housing Overview
Median Home Value
$191,300
32% below
US avg: $281,900
Homeownership Rate
89.7%
37% above US avg (65.4%)
Total Housing Units
595
Median year built: 1989
Home Value by Source
Census Median
$191,300
Zillow (ZHVI)
$371,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.7%
Owner-Occupied
10.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Affordability & Housing Stock
Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
89.7%
Complete Housing Data
Home Values
| Census Median Value | $191,300 |
| Zillow Home Value (ZHVI) | $371,900 |
Rent
| FMR Studio | $828 |
| FMR 1-Bedroom | $927 |
| FMR 2-Bedroom | $1,129 |
| FMR 3-Bedroom | $1,496 |
| FMR 4-Bedroom | $1,758 |
Market
Ownership & Stock
| Owner-Occupied | 89.7% |
| Renter-Occupied | 10.3% |
| Homeownership Rate | 89.7% |
| Total Housing Units | 595 |
| Median Year Built | 1989 |
| Rent Burden | 31.0% |
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